pls and thank you i rate On January 1. Hawailan...
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On January 1. Hawailan Specialty Foods purchased equipment for $35,000. Residual value at the end of an estimated four-year service life is expected to be $4,000. The company expects the machine to operate for a total of 25,000 hours. The machine operated for 3,150 hours in the first year and 3,450 hours in the second year. Record depreciation expense for the first two years using the activity-based method. (If no entry is required for a particulor transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the depreciation expense for the first year using the activity-based method. Note: Enter debits bofore credits: Journal entry worksheet Record the depreciation expense for the second year using the activity-based method. Note: Enter debits before credits


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